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            | Topic: | 
            
                
                    Business
                
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            | Number of pages / Number of words: | 
            
                6 / 1625             | 
        
                
    
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The eight demand states that are possible are:
- Negative demand: consumers dislike a product and may even pay a price to avoid it.
- Nonexistent demand: consumers maybe unaware or uninterested in the product.
- Latent demand: consumers share a strong need that cannot be satisfied by an existing product...
        
        
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This can be enhanced by a productâs brand strength as a superior product.
Business markets-business buyers buy goods in order to make or resell a product at a profit.
Global markets- this is when a company decides to sell in the global marketplace. This needs to be carefully decided as each country will have different customers...
        
        
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